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BUCHAREST (Romania), April 27 (SeeNews) - The majority of company managers in Romania expect growth in manufacturing, construction, services and retail in the next three months, the National Statistical Office, INS, said on Friday.
The managers of construction companies forecast moderate growth of the production volume of their business in the next three months, with a positive balance of 30%. The balance is calculated as the difference between the percentage of respondents who expect positive developments and the share of those whose expectations are negative.
The managers also anticipate moderate growth in the number of employees and the prices of construction works, INS said in a monthly business sentiment survey.
Retail companies' managers expect an uptrend in economic activity in the next three months, with a 21% balance. The volume of orders placed by trade units to the suppliers of goods will register a moderate pace of growth. Employers forecast a moderate growth in the number of employees in the next three months. The managers of trade companies expect that retail prices will rise, as the balance here is 23%.
Demand for services is expected to register moderate growth in the next three months, showing a positive balance of 11%. For the services sector, moderate growth in the number of employees is forecast, the balance being 7%. According to the managers, retail prices will register moderate growth, as the balance here is 7%.
Managers from the manufacturing industry expect moderate growth of production volume, with a 13% balance, for the next three months. A high growth, with a 45% balance, is expected in the manufacturing of beverages products, while for tobacco products, a drop is expected, as the balance is minus 24%. For prices of industrial products, growth is forecast for the next three months, with 12% balance. Regarding the number of employees, relative stability is expected.
A total of 8,216 managers of Romanian-based companies in construction, manufacturing, retail, and services were interviewed in the March survey.